Arc of Indiana

Analysis

Arc of Indiana is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in April 1957, 69 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Arc of Indiana reported income of $5.2m and spending of $5.8m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.4m to $5.2m (+50%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 34%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Arc of Indiana sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within IN. Charities of a similar size with the same main cause include YWCA Clark County ($5.2m), Hidden Harvest ($5.2m) and Native American Professional Parent Resources Inc ($5.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $488k (8.4% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $141.6m against liabilities of $132.9m, net assets of $8.7m. It reported 31 employees.